Mergers & Acquisitions

The Robot Report tracked 58 robotics investments in December 2021 that totaled at least $1.2 billion. China and the U.S. led the way.

Magna International, a Canadian developer of car mobility technology, is adding more than 120 Optimus Ride employees to its team.

Wind River’s software is used on more than two billion edge devices across the globe. Wind River generated approximately $400 million in revenue in 2021.

The details of the deal were not disclosed. The companies will operate under the name Hy-Tek Material Handlings.

In 2021, we covered over fifty acquisitions worth billions of dollars. Here are 10 acquisition stories that stood out to us.

Formerly known as Houston Mechatronics, Nauticus is developing surface and underwater robots that perform a variety of ocean tasks, including transportation, data collection, equipment maintenance and more.

The Robot Report tracked 39 robotics investments that totaled at least $1.14 billion in funding in October. There was one merger and acquisition for an undisclosed amount.

City of Industry, Calif.-based Whiplash provides scalable e-commerce and omnichannel fulfillment solutions to more than 250 brands.

The transaction will deliver up to $725 million of primary gross proceeds for Symbotic. The deal values Symbotic at $4.8 billion.

Loosening drone regulations in India could have led to Dehlivery acquiring the developer of unmanned aerial systems.

OrthoSpin’s robot-assisted external fixation system for orthopedic treatments is a platform used in DePuy Synthes’ Maxframe.

iRobot CEO Colin Angle said air purification could be a $150 million in annual revenue product category for iRobot within the next several years.

Midnight Robotics creates retrofit kits that turn any tractor into an autonomous tractor.

arculus brings AMR expertise while extending the Jungheinrich portfolio with a deep AMR-based product line.

Plus and blank check firm Hennessy Capital Investment Corp. terminated their SPAC merger. The companies said this was a mutual decision made because of “recent developments in the regulatory environment outside of the United States.”

Terms of the deal were undisclosed, but Ottobock acquired 100% of suitX shares.

ASTI solutions are currently selling at a revenue of $50M per year with a 30% annual growth rate.

Wavemaker portfolio company Future Acres is exploring how to leverage some of the IP to enhance its Carry mobile robot.

Ouster is buying Sense Photonics to create a new division focused on low-cost, solid state automotive sensors.

Woven Planet said this acquisition will play a key role in the development of its Arene vehicle development platform.

The two companies offer compatible solutions that will extend Locus Robotics’ portfolio of solutions.

Recapping some of the major acquisitions of autonomous mobile robot companies over the years.